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      Newrez

      Engaged Employer

      Newrez reviews

      3.5

      61% would recommend to a friend

      (1,494 total reviews)

      Baron Silverstein

      69% approve of CEO

      60% positive business outlook

      Ratings by demographic groups

      Newrez has an employee rating of 3.5 out of 5 stars, based on 1,494 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Newrez employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

      Reviews by job title

      1K reviews
      2.0
      Feb 10, 2026

      Okay place to learn

      Junior mortgage consultant
      Recommend
      CEO approval
      Business Outlook

      Pros

      Nice people; okay place to INITIALLY learn to originate loans. You'll take a LOT of calls, and a lot of applications, which gives you a lot of practice in taking apps and pitching loans. Their software to build a 1003 application is nice. They'll cater in lunch a couple times a month. Super casual....not really any kind of dress code. Just wear clothes. The comp is good b/c you get bps on deals (like 45 bps) but if you're in the "JMC Program" then you're getting a different pay plan for 90 days (higher base + flat amount on production). if you produce, they'll kind of stay off your back and give you a lot of leeway. If you don't, they'll be all over you.

      Cons

      Lots of pressure to lock loans, no matter what; some level of micromanaging, though not as bad as I've heard at other companies. ZERO work / life balance. They will work you on the weekends if your sales team's numbers aren't up to snuff. Hard to get any day off for anything. "Support" and learning is hit or miss. If you have a good manager, you're in good shape. If not, you better just figure it out. I've seen managers rip into new hires before for not knowing what they don't know.

      avatar
      Newrez Response
      4mo
      Thanks for sharing your feedback. We’re always looking for ways to improve, and we’ll pass this along to the right team. We appreciate you taking the time to share your experience.
      3.0
      Feb 5, 2026

      Management Sucks

      Loss mitigation specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      Benefits, pro, diversity and employees are nice

      Cons

      Supervisor need a lot of training, micromanagement is what causes good people to leave, favoritism

      avatar
      Newrez Response
      4mo
      Thanks for sharing your thoughts with us. We’re always looking for ways to improve, so we’ll definitely pass along your feedback to our team. We appreciate you taking the time to let us know about your experience.
      1.0
      Feb 2, 2026

      Awful vomoany

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      None that I can think of

      Cons

      Very little vacation time. Lay offs happen often.

      avatar
      Newrez Response
      5mo
      Thanks for your feedback. We take your concerns seriously and are committed to continuous improvement. We will ensure that your comments are communicated to our internal team for further consideration. We appreciate you taking the time to share your thoughts with us.
      Viewing 49 - 51 of 1,494 Reviews
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      ReviewsNewrez reviews

      Glassdoor has 1,535 Newrez reviews submitted anonymously by Newrez employees. Read employee reviews and ratings on Glassdoor to decide if Newrez is right for you.